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Company Overview of Siddhartha Bank Limited

Company Overview

Siddhartha Bank Ltd. provides commercial banking services to individuals and institutions in Nepal. It accepts various deposits, such as fixed deposits, savings deposits, current accounts, and call accounts. The company offers consumer loans, including home loans, auto loans, education loans, personal loans, and loans against fixed deposit receipts; small and medium enterprises loans; and business loans comprising working capital loans, term loans, import and export loans, bills discounting under usance letters of credit, discounting of cheques/drafts, and consortium financing. It also provides overdraft facilities, term loans and short term loans, loan syndication, and remittance services. ...

Siddhartha Bank Ltd. provides commercial banking services to individuals and institutions in Nepal. It accepts various deposits, such as fixed deposits, savings deposits, current accounts, and call accounts. The company offers consumer loans, including home loans, auto loans, education loans, personal loans, and loans against fixed deposit receipts; small and medium enterprises loans; and business loans comprising working capital loans, term loans, import and export loans, bills discounting under usance letters of credit, discounting of cheques/drafts, and consortium financing. It also provides overdraft facilities, term loans and short term loans, loan syndication, and remittance services. In addition, the company offers trade finance services, such as advance payment, documentary collection, import and export letters of credit, and forward contract services; treasury services, correspondent banking services, bullion trading, and market making for local bond market; and bank guarantees. Further, it provides bancassurance, safe deposit lockers, and mutual funds; and various cards comprising debit cards, credit cards, and prepaid cards, as well as Internet and mobile banking services. The company operates through a network of 43 branches and 52 ATMs. Siddhartha Bank Limited was founded in 2002 and is headquartered in Kathmandu, Nepal.

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